Latest articles

North American Grain/Oilseed Review: Canola rises in heavy spread trade

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Oct. 20 (CNS Canada) – ICE Futures Canada canola contracts settled higher on Friday, with intermonth spreading accounting for the bulk of the trade volume as participants exited the front month. In the outright trade, improving crush margins provided some support. The Canadian dollar was down sharply […] Read more



ICE canola rises as crush margins improve

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Oct. 20 (CNS Canada) – ICE Futures Canada canola contracts were stronger at midday Friday, as crush margins showed some improvement. The Canadian dollar was down sharply relative to its U.S. counterpart, while Chicago Board of Trade soyoil moved higher. That combination gave crush margins a boost, […] Read more

ICE Canola Firms with Currency Action

By Dave Sims, Commodity News Service Canada WINNIPEG, October 20 – Canola contracts on the ICE Futures Canada platform were higher on Friday, taking strength from action in the Canadian currency. The Canadian dollar was lower relative to its US counterpart, which made canola more attractive to out-of-country buyers. Gains in U.S. soybeans, European rapeseed […] Read more


North American Grain/Oilseed Review: Nov canola tops C$500

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Oct. 19 (CNS Canada) – ICE Futures Canada canola contracts settled higher on Thursday, breaking above nearby chart resistance as gains in Chicago Board of Trade soyoil provided support. CBOT soyoil found support on the back of talk that U.S. President Donald Trump has directed the Environmental […] Read more

Canadian dollar pressures Prairie wheat bids

The loonie rose roughly half a cent over the course of the week

Hard red spring wheat bids in Western Canada dipped during the week ended Oct. 13, as the Canadian dollar rose due to higher oil prices. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down as much as $3-$4 per tonne across the Prairie provinces, according to […] Read more



Blooming rapeseed field at sunset

Fundamentals, uncertainty hold canola rangebound

USDA’s soybean yield outlook was briefly helpful

The ICE Futures Canada canola market enjoyed a slight bump during the week ended Oct. 12, as a bullish U.S. Department of Agriculture report lifted the tide for all oilseeds. However, canola futures will likely need more bullish news if they hope to shake free of their recently established range of $490-$500 per tonne. USDA […] Read more


ICE canola strengthens with soyoil

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Oct. 19 (CNS Canada) – ICE Futures Canada canola contracts were stronger at midday Thursday, taking some direction from Chicago Board of Trade soyoil. Soyoil was up amid talk that the U.S. Environmental Protection Agency (EPA) would not be cutting biofuel requirements, as had been rumoured recently. […] Read more


ICE Canola Softens with Improving Prairie Weather

By Dave Sims, Commodity News Service Canada WINNIPEG, October 19 – Canola contracts on the ICE Futures Canada platform were slightly lower, in chart-based trading. Improving weather conditions in Western Canada and losses in Malaysian palm oil weighed on the market. The November contract is under technical resistance. The U.S. soybean harvest is beginning to […] Read more

North American Grain/Oilseed Review: Canola ends with small losses

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Oct. 18 (CNS Canada) – ICE Futures Canada canola contracts settled with small losses on Wednesday, as gains in the Canadian dollar and losses in Chicago Board of Trade soyoil weighed on prices. A lack of significant end user demand contributed to the declines, as the commercial […] Read more